Journalistic integrity demands that I admit to a mistake. I was wrong when, in my last blog, I described the new initiative on capital for cooperatives from the International Co-operative Alliance as their Blue Riband Commission. Chuck Gould their director-general has put me right. The ICA have named it their Blue Ribbon Commission.
And when I admitted to Chuck that I wasn’t really any the wiser, he told me that this has traditionally been a US term for a high-level enquiry led by experts.
So I hope that helps put things right. The substantive point remains that this is potentially a very valuable initiative. See below!